Summer Internship Program

    • Josh:
      Josh
      Quantitative Analyst

      "The program is an opportunity for an intern to really dig in deep, do something pretty meaningful, and it can be a lot of fun."

    • Katherine:
      Katherine
      Recruiter

      "We leave things purposefully open ended, and we really like when people bring their own spin to things."

Want to spend a summer working in a dynamic, collaborative environment while tackling challenging problems and making an impact? Apply to join the D. E. Shaw group as a summer intern. During your internship, you'll take on new responsibilities, develop problem-solving skills, and work with colleagues from diverse intellectual disciplines, all while having fun in an environment that balances analytical rigor with creative thinking. (And we promise you won't have to wear a suit.)

Whether you're a mathematics type who wants to test Bayesian priors on sophisticated data sets, a finance major interested in how securities trade across global markets, or a humanities student eager to tackle multi-disciplinary problems, we have projects that will keep you engaged and excited to come to work every day.

About the program

  • Join us for a summer internship. We offer paid internships, generally 10 to 12 weeks long, in a range of areas across the firm, including in our quantitative investing, fundamental investing, corporate development, risk management, technology development, and investor relations groups.

  • Experience life in a global financial and cultural center. Most of our interns work out of our New York City headquarters, and we also have some openings in London and Hong Kong. Interns can choose to receive a housing stipend or live in dormitory-style housing paid for by the firm.

  • Tackle real projects with the support of a mentor. As an intern, you'll work within a team on complex, substantive assignments, with the guidance and support of your manager. Interns frequently say that the projects they work on are the highlight of the summer. Examples of previous intern projects include:

    • Evaluating the costs and benefits of opening an office in another country, which influenced the firm's ultimate decision (Office of the COO role)

    • Analyzing social media data pertaining to public securities using Machine Learning and Natural Language Processing techniques (Quantitative Strategy role)

    • Conducting fundamental research and presenting a recommendation on a security hardware company which led to an investment (Fundamental Strategy role)

  • Participate in training sessions with employees and outside speakers. We have a lunchtime series featuring employees from across the firm describing their work. In addition, we organize events with distinguished outside speakers on a range of topics. Notable speakers have included:

    • Dr. Larry Summers, former Secretary of the Treasury and Director of the White House National Economic Council, discussing macroeconomic trends

    • Sir Angus Deaton, Princeton economist and recipient of the Nobel Prize in Economic Sciences, on "The Great Escape: Health, Wealth, and the Origins of Inequality"

    • MacArthur Fellow and Evolutionary Biologist Professor Beth Shapiro on "The Science of De-Extinction"

    • Professor Nick Barberis, Yale School of Management, on the intersection of trading behavior and cognitive psychology

    • Pulitzer Prize-winning author and historian Tom Reiss on his book "The Black Count: Glory, Revolution, Betrayal, and the Real Count of Monte Cristo"

    • Staff from the American Museum of Natural History's Hayden Planetarium on "Astronomy Live: Constellations of the Zodiac"

  • Have fun with your colleagues. We plan an active social calendar so you can get to know your colleagues and explore New York City over the summer. The firm hosts events at various landmarks and attractions across the city. Previous events have included:

Who should apply

We are looking for intellectually curious people, with diverse backgrounds and a record of achievement, who want to make an impact from the start. No specific finance knowledge is required - we only ask that you want to learn.

Most of our interns will be going into their last year of university or graduate school, but we welcome qualified candidates to apply at any point in their academic career.

How to apply

We ask all candidates to apply on-line for internship positions here. We also recruit on campus at a limited number of schools. Once you apply, you may be contacted for a first interview, either over the phone or on-campus. If that goes well, we will invite you for an interview in one of our offices, where you can meet our staff and experience our culture for yourself.

    Application deadline

There are no deadlines to apply on our website, but it is helpful to apply sooner rather than later. We typically try to complete our intern hiring by late winter or early spring.

    More Information
  • To learn more about the firm
  • To learn more about our staff
  • To learn more about our culture
  • Application FAQs
Discovery Fellowship

The D. E. Shaw group invites intellectually curious women in Ph.D. programs to explore the intersection of finance and technology during our D. E. Shaw Exploration Fellowship. Nominations are due by May 19, 2017. Please click here for more information.

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